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HomeMy WebLinkAbout2023-093 Resolution Certifying Election Results for CFD No. 2023-2 Coastal Mission Trails.docRESOLUTION NO. 2023-93 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2023-2 OF THE CITY OF LAKE ELSINORE (COASTAL MISSION TRAILS) CERTIFYING ELECTION RESULTS Whereas, the City Council of the City of Lake Elsinore called and duly held an election on December 12, 2023 within the boundaries of Community Facilities District No. 2023-2 of the City of Lake Elsinore (Coastal Mission Trails) (“Community Facilities District No. 2023-2” or the “District”) pursuant to Resolution Nos. 2023-91 and 2023-92 for the purpose of presenting to the qualified electors within the District Propositions A, B and C, attached hereto as Exhibit A; and Whereas, there has been presented to this City Council a certificate of the City Clerk or Deputy City Clerk (referred to herein as the “City Clerk”) canvassing the results of the election, a copy of which is attached hereto as Exhibit B; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS: Section 1. Each of the above recitals is true and correct and is adopted by the legislative body of the District. Section 2. Propositions A, B and C presented to the qualified electors of the District on December 12, 2023 were approved by more than two-thirds of the votes cast at said election and Propositions A, B and C each has carried. The City Council, acting as the legislative body of the District, is hereby authorized to levy on the land within the District the special tax described in Proposition B for the purposes described therein and to take the necessary steps to levy the special tax authorized by Proposition B and to issue bonds in an amount not to exceed $15,000,000 specified in Proposition A. Section 3. The City Clerk is hereby directed to record in the Assessor-County Clerk- Recorder’s office of the County of Riverside within fifteen days of the date hereof a notice of special tax lien with respect to the District which Bond Counsel to the District shall prepare in the form required by Streets and Highways Code Section 3114.5. Section 4. This Resolution shall be effective upon its adoption. Passed and Adopted at a regular meeting of the City Council of the City of Lake Elsinore, California, this 12th day of December 2023. Natasha Johnson Mayor Attest: Candice Alvarez, MMC City Clerk DocuSign Envelope ID: 7A275928-C5BB-4A9C-AC41-AFED2E98BC7F CC Reso. No. 2023-93 Page 2 of 4 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. 2023-93 was adopted by the City Council of the City of Lake Elsinore, California, at the Regular meeting of December 12, 2023 and that the same was adopted by the following vote: AYES: Council Members Tisdale, Sheridan, and Magee; Mayor Pro Tem Manos; and Mayor Johnson NOES: None ABSENT: None ABSTAIN: None Candice Alvarez, MMC City Clerk DocuSign Envelope ID: 7A275928-C5BB-4A9C-AC41-AFED2E98BC7F 4879-2959-9106v2/022042-0048 EXHIBIT A BALLOT PROPOSITIONS COMMUNITY FACILITIES DISTRICT NO. 2023-2 OF THE CITY OF LAKE ELSINORE (COASTAL MISSION TRAILS) SPECIAL TAX AND SPECIAL BOND ELECTION December 12, 2023 PROPOSITION A: Shall Community Facilities District No. 2023-2 of the City of Lake Elsinore (Coastal Mission Trails) (the “District”) incur an indebtedness and issue bonds in the maximum principal amount of $15,000,000, with interest at a rate or rates not to exceed the maximum interest rate permitted by law, to finance the Facilities and the Incidental Expenses described in Resolution No. 2023-78 of the City Council of the City of Lake Elsinore? PROPOSITION B: Shall a special tax with a rate and method of apportionment as provided in Resolution No. 2023-78 of the City Council of the City of Lake Elsinore be levied to pay for the Facilities, Incidental Expenses and other purposes described in Resolution No. 2023-78, including the payment of the principal of and interest on bonds issued to finance the Facilities and Incidental Expenses? YES______ NO_______ YES______ NO_______ PROPOSITION C: For each year commencing with Fiscal Year 2024-25, shall the appropriations limit, as defined by subdivision (h) of Section 8 of Article XIII B of the California Constitution, for the District be an amount equal to $7,500,000? YES______ NO_______ DocuSign Envelope ID: 7A275928-C5BB-4A9C-AC41-AFED2E98BC7F 4879-2959-9106v2/022042-0048 EXHIBIT B CERTIFICATE OF CITY CLERK AS TO THE RESULTS OF THE CANVASS OF THE ELECTION RETURNS I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, do hereby certify that I have examined the returns of the Special Tax and Bond Election for Community Facilities District No. 2023-2 (Coastal Mission Trails) of the City of Lake Elsinore (the “City”). The election was held in the Lake Elsinore Cultural Center at 183 North Main Street, Lake Elsinore, California, on December 12, 2023. I caused to be delivered ballots to each qualified elector. One (1) ballot was returned. I further certify that the results of said election and the number of votes cast for and against Propositions A, B, and C are as follows: PROPOSITION A PROPOSITION B PROPOSITION C YES: 19 YES: 19 YES: 19 NO: 0 NO: 0 NO: 0 TOTAL: 19 TOTAL: 19 TOTAL: 19 Dated this 12th day of December, 2023. Candice Alvarez, MMC, City Clerk City of Lake Elsinore DocuSign Envelope ID: 7A275928-C5BB-4A9C-AC41-AFED2E98BC7F